Mingfa Group (International) Co (HKSE:00846) Tax Rate % : 91.22% (As of Jun. 2024)

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What is Mingfa Group (International) Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mingfa Group (International) Co's Tax Expense for the six months ended in Jun. 2024 was HK$391 Mil. Mingfa Group (International) Co's Pre-Tax Income for the six months ended in Jun. 2024 was HK$429 Mil. Therefore, Mingfa Group (International) Co's Tax Rate % for the quarter that ended in Jun. 2024 was 91.22%.

Mingfa Group (International) Co Tax Rate % Historical Data

The historical data trend for Mingfa Group (International) Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mingfa Group (International) Co Tax Rate % Chart

Mingfa Group (International) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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57.96

47.76

46.84

98.10

529.71

Mingfa Group (International) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															62.27	206.58	62.20	-42.84	91.22

Mingfa Group (International) Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Mingfa Group (International) Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	867.165	/	163.707
	=	529.71 %

Mingfa Group (International) Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	391.139	/	428.795
	=	91.22 %

Mingfa Group (International) Co Tax Rate % Related Terms

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Mingfa Group (International) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mingfa Group (International) Co Ltd (HKSE:00846) » Definitions » Tax Rate %

Traded in Other Exchanges

N/A

Address

No. 88 Pudong North Road, Jiangsu Mingfa Business Park, Pukou, Jiangsu Province, Nanjing, CHN

Website

https://www.ming-fa.com

Mingfa Group (International) Co Ltd is an investment holding company. The principal activities of the Company include property development, leasing, and hotel management. The company's operating segment includes property development, hotel, property investment and management, and others. Property Development segment is engaged in real estate development and is further subdivided into commercial and residential. The Hotel segment is engaged in a hotel operation. Its Property investment and management segment invests in properties for their rental income potential and for capital appreciation and provides management. The company generates maximum revenue from the property development segment. Geographically, it derives revenue from the PRC.

Executives

Growing Group Limited	2201 Interest of corporation controlled by you
Chen Bihua	2201 Interest of corporation controlled by you
Galaxy Earnest Limited	2101 Beneficial owner
Wong Wun Ming	2201 Interest of corporation controlled by you

Mingfa Group (International) Co Headlines

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